Louisiana business news for today: Baton rouge economic outlook, New Orleans tourism, Louisiana governor goes to Harvard

Derrick Edwards, the Louisiana Democratic Party choice for Treasurer probably will no longer be unendorsed for the position of State Treasurer. Last week, the Republican Party announced it's support of John Schroder as it's party's choice for the position after he came in second place on election day. Edwards and Schroder are heading into the runoffs scheduled November 18. Edwards was the only Democrat running for Treasurer during the general election but was unendorsed by the Democrats. He came in first, besting Schroder and two other Republicans, State Senator Neil Riser and former Commissioner of Administration for the Bobby Jindal campaign, Angele Davis.

On the heels of an improving economy locally and nationally, Governor John Bel Edwards had some good news to promote--joblessness.

Last week, President Donald Trump took unilateral action via an executive order to stop paying insurance companies amounts as designated under the Affordable Care Act, to reimburse insurers for their payments to insureds under the Affordable Care Act.  The President claims the payments to the insurance companies are a bailout. After terminating the payments, Trump said that  "Obamacare is dead". The President and the Republican-led Congress were unsuccessful in repealing and replacing Obamacare which lack of success precipitated Trump's move last week.

Thursday, 19 October 2017 16:07

Louisiana throws elections but nobody comes

Written by

It’s like they threw a party but nobody came. That’s how election officials must have felt when they counted the ballots for last week’s statewide election. The turnout was a paltry 13.5%. Now remember that some 50% of adults over eighteen who could register have not done so. That means the less than 7% of Louisianans over eighteen bothered to show up at the polls to vote.

Ask any politico: Elections are a game of numbers. It is a question of where a candidate will place assets to achieve the winning numbers.

Neil Riser
Neil Riser

While the Louisiana Treasurer’s race did not light up the voter’s interest, yielding a roughly 13.5 percent turnout, there is a very interesting story to be told from one of the individuals involved in the election process.

John Couvillon, polled for Angele Davis’s unsuccessful run.  She was one of three Republican candidate who was trying to garner her share of the 65 to 70 percent of the vote that would be likely be split up between the three conservative candidates which included John Schroder and Neil Riser.

While the Louisiana Democratic Party did not formally support the only candidate for Treasurer, Derrick Edwards, during the general election and while there are still questions as to whether it will hold off its support for the leading candidate who received the most votes on Saturday, the Republican Party of Louisiana has not dither one bit.  It announced its official endorsement of John Schroder for Louisiana State Treasurer who will be facing Edwards on November 18.. 

couvillon treaWhat happened Saturday night?

How did Representative John Schroder beat his Republican opponents in the Louisiana Treasurer’s Race, only to come in second against Democrat Derrick Edwards, who some believe has no chance to beat his GOP foe?

treasurer mayorby Lou Gehrig Burnett, Publisher of Fax-Net
Runoff for State Treasurer
    As expected, the lone Democrat in the race for State Treasurer – Derrick Edwards – finished first in the field of six candidates.  He garnered 31% of the vote in the primary on Saturday.

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